CUTcoin

What is Proof of Stake?

Proof of stake (PoS) is a consensus mechanism introduced in 2011 to improve upon the current most popular algorithm in use – Proof of Work (PoW). The main advantage of Proof of Stake two-fold it improves the speed of the Blockchain and also reduces the amount of electrical waste. Instead of consuming vasts amounts of computational power to "mine" for cryptocurrencies, Proof of Stake elects stakeholders to validate transactions. This election processes depends on the amount of cryptocurrency held by a node, hence the name Proof of Stake.
So, let us show you why PoS if a future of cryptocurrency.
Stop mining - switch to PoS
Energy Efficiency
PoS algorithms are energy efficient — especially when compared to PoW. Cutting out the energy-intensive mining process makes PoS a greener option.
Safe from 51%
Attackers must put their assets — their stake — on the line in order to attempt a 51% attack. A big deterrent. For comparison, attackers don't lose their hardware when attempting 51% attacks on PoW systems.
Decentralisation
Everyone can easily participate in a meaningful way just by bonding the owned coins (while mining with a small rig has almost no meaningful impact and a high entry cost).
...and it's profitable
keeping in mind that there is no need to use mining equipment it means low costs. It works simple, buy at exchanges and run staking. Let's count your profit.

The chance to become the creator of the next block is proportional to the share of cryptocurrency belonging to this participant from the total amount staking at pool. And that means high chances. Every block found in the network you will receive reward.
+5 %
Month reward
100 %
Guaranteed reward
2 min
Every block found
>2 mln
CUT are staking
How many coins you'll stake?
Enter CUT coins amount to predict expected stake reward
Minting POS block within 1 day 3 days 7 days 31 days 90 days 1 year
Probability (%) 0.22 0.37 0.85 3.71 10.39 35.52
Reward 0.33 CUT 0.98 CUT 2.28 CUT 9.94 CUT 27.74 CUT 93.07 CUT
Staking with Staking Pool
Staking Pool is a comfortable solution with stable and predictable reward without any probability risks. Also, we thought about safety and eco-friendly approach.
Guaranteed reward
All stakeholders will get rewards proportionally without
low probability risks
Pool staking
Continuous staking means that there is no need to run a wallet
on your PC for 24/7
Fixed Stake
Fixed stake reward means every day and every hour
you stake you get rewarded